The Royal Mint

7 min read

Premium coins are among the most famous products of the Royal Mint. Crafts, art, and heritage are all rooted in its long tradition. Known for its sophisticated and innovative technologies, the Royal Mint sets high standards for coin design. The Royal Mint is known for its values and principles as well as its high-quality products, which make it the leading manufacturer of coins and medals. Symbolizing a history of more than 1000 years, the Royal Mint has a modern logo.

In addition to earning good commissions as a partner, the Royal Mint offers a lot of opportunities. A royal mint affiliate can earn revenue through their website, a blog, or other online platforms. A mint is absolutely essential to a country’s financial health. Affiliate platforms have been taken over by new opportunities, technologies and sales channels.

All parties involved in the Royal Mint Affiliate Program can generate revenue by using the program. They receive attractive commissions depending on how many sales they generate. Regular affiliate offers and competitive commissions will be provided to members.

Rakuten LinkShare, a Royal Mint affiliate program, was launched. Affiliate marketing solutions are provided by Rakuten LinkShare, the world’s leading provider. We offer customers 24 x 7 assistance through our Royal Mint account manager, who answers all their questions and requests.

The Royal Mint Bullion Products

Royal Mint Bullion offers coins and bars containing gold, silver, and platinum. Additionally, it offers coins of signatures and worldwide coins. A complete product catalogue is available on the company’s website.

Are there any IRA services?

On their website, it is not stated whether or not Royal Mint Bullion offers precious metals eligible for IRAs, since they are just a dealer company. In order to avoid possible complications, it is best to work with a company that acts as both a precious metals dealer and an IRA custodian when you add precious metals to your retirement portfolio.

Storage rate:

For their storage services, the rate is 1 percent + VAT annually. You are charged with arrears every three months by the company. Based on the standard daily market value for the products you store with them, the rate will be determined. Payment for fees is due immediately upon receipt of bills.

Late payment fee:

A late payment fee will apply if you are unable to pay fees within the deadline. You will be charged 0.50 percent of the outstanding balance every month that it is not fully paid. Overages will be donated by the company to charity in the event there are too many costs.

Can you sell to the company?

It is possible to resell the company. With Royal Mint Bullion, customers have the option to choose from a competitive price range. A prevailing living price will also be used to determine the costs. Delivery services that track and trace precious metals can be used for sending or delivering them.

Is The Royal Mint Bullion a scam?

In the Royal Mint Bullion Review, I will answer this question. The Royal Mint Bullion is operated by the government. Due to this, its legitimacy cannot be questioned. Its services, however, raise the question, are they really that good? According to reviews and ratings I found, the company doesn’t offer that impressive services. Furthermore, many customers complained they didn’t receive what they expected. Consider trying another company. I have listed below my top recommended precious metals company. I appreciate you taking the time to read my review of The Royal Mint Bullion. For comments or questions, please use the Comment section.

Can you sell back to the company?

YES, you can sell your gold back to the Royal Mint. A quote from their website summarizes the entire process: Royal Mint Bullion offers flexibility on a live price of precious metals to sell your gold bullion coins and bars. As we accept inquiries concerning coins and bars from other mints and refineries worldwide, you are not required to produce the gold you sell at The Royal Mint.

As a result, you can sell bullions that were stored or bought elsewhere that offer comfort and flexibility. Alternatively, you can deliver gold coins and bars directly to a London partner using the track-and-trace service offered at your local post office. Higher-value orders can be conveniently collected from your registered address.

How to Safely Store Gold, Silver and Platinum

Taking Care of Coins and Bars

The intrinsic value of gold is not why bullion is purchased; it is its appearance. There may be some imperfections on some coins. Royal Mint Bullion’s coins might also damage your gold, so it is important to avoid using them. You won’t damage your gold, but it may also be damaged by Royal Mint Bullion’s coins. Gold won’t be damaged by this.

Handling Gold Bullion

In some cases, you might want to or need to deal with your gold or gold coins, but it isn’t the main way to protect them. If you want to place gold on a surface, lay a clean, smooth towel or cloth on it so as not to damage your bullion. Also, something soft can be placed on the floor if it falls.

If you handle gold, make sure your gloves are cotton- and lint-free. Latex gloves can cause corrosion in metal due to the lubricants they contain. Despite not wearing gloves, make sure to clean your hands thoroughly – sanitizing your hands can remove oils that lead to decay. Handle gold with care, collecting coins on its edge.

Cleaning Gold Bullion

In fact, gold bullion doesn’t need to be cleaned – it may even be damaged during the manufacturing process. The color of gold will never fade or tarnish because it can never gnaw or tarnish. Silver and tarnished metals should not be stored in gold as they can be damaged. In terms of storage, airtight containers can help protect your gold.

How can gold be stored?

Gold should be stored in a well-ventilated area, which can help keep it safe. Two choices are available to you.

Storing your Gold Coins and Bullion at Home:

Gold bullion can be accessed at any time when it is stored in a home safe. The responsibility for protecting your gold against theft will, however, lie with you. Taking out a special policy for your bullion might be necessary if it’s not covered by your normal home insurance.

You should consider a few factors when storing bullion in a safe:

  • Safe size is crucial because gold bars and coins need to fit in the safe. It shouldn’t stand alone.
  • You might want to consider putting the safe in an area where it won’t be too obvious. Furthermore, it must be kept away from damp environments.
  • If you keep gold at home, it makes sense not to tell anyone about it


Storing your Gold Coins and Bullion with a Third Party:

When storing bullion in a vault, you need to consider factors like safety and contamination protection. Aside from knowing whether you can access your gold whenever you like, you’ll also want to know how you can keep your gold secure.

Storing your Gold with the Vault:

When you buy royal mint gold and gold coins, including the Sovereign or Britain, you can either have them delivered to you or store them in the vault. Qualified security personnel are on call 24/7, 7 days a week, 365 days a year, to maintain the Royal Mint’s secure, confidential robot service. Bullion is assigned a serial number that is uniquely yours.

About the Royal Mint Bullion:

It is owned by the Government of the United Kingdom and is a British mint and metals dealer. Due to its long history and government support, it is considered one of the leaders in the precious metals industry. If you wish to invest, you will have to create an account. You can put together the ideal shopping cart for metals by using the online marketplace provided by the company.

Services:

We provide certain services to collectors and investors alike. Silver, platinum, gold, and other products can be purchased by investors. Alternatively, collectors can choose from a variety of collecting coins. Its Coin Finder service helps buyers locate rare coins they want, even if the mint itself does not have them. Authentication and auction services are also available. You can store your items in secure storage at the Royal Mint. You can also keep sentimental items in your vault, such as a safety deposit box. A maximum of 50.000 pounds of insurance coverage is included. Upon entering the site, you will be required to check your ID and pass an x-ray. Security is improved as a result. There is also the option to use fingerprint scans for security purposes.

Is Royal Mint Bullion a Scam?

Scams do not exist with Royal Mint Bullion. Fraudulent companies are scams. The British Government owns and legitimately operates this mint. One of Europe’s largest precious metals merchants, it is supported by the government and is therefore attractive to many investors.

Nonetheless, not all scams are good. Trustpilot has 234 reviews. Sixty-three percent of them have only one star. More than half of customers report having the worst possible experience. An organization with a track record like this is not one you should consider buying.

General Site and Database Security:

Our goal is to provide you with a secure service, free of malware, spyware, or other problems. To increase website security, reduce site attacks, and restrict or disallow traffic from some higher risk sites, our web and e-mail servers run hardened firewalls, and our website is also connected to SSL (Secure Socket Layer). Emails will be sent and received using the secure protocol.

The web database as well as all e-mails is stored on this firewall-protected and encrypted server. By using an encrypted database behind a strong password-protected interface, a local drive is kept in a secure position. The database will be backed up regularly. Our servers are continuously checked for security risks, malware, and unauthorized access. Bullion Directory’s website is only accessible to key members of our staff through our server or administrative level. When there is a likely breach of your personal data, you’ll be informed within 42 hours.

Data Protection Policy Statement

It is everyone’s right to manage their personal information the way they want. In the course of our activities, we can collect, store, and process personal information about our guests, customers, and staff. We understand that this information must be handled properly and legally. Information about current, past, and future employees, suppliers, customers, visitors who provide information through our comment or review procedure, and others we communicate with are some types of information that we may have to handle.

Information collected by the government is subject to certain legal safeguards laid down in the Data Protection Act 2018 (the law), the GDPR, as well as other regulations and may be recorded in paper, on a computer, or in another form. Our collection, access, and use of this information is limited by these laws and regulations. It is not part of any employee’s employment contract and can be amended at any time. Disciplinary action can be taken if this policy is violated.

Status of the policy:

In it, we lay down our data protection rules and legal requirements for obtaining, managing, processing, storing, transporting, and destroying personal information. This policy and the Data Protection Act shall be overseen by a Compliance Manager. When you feel the policy has not been followed in regards to your personal data or the data of others, you should talk to your line manager.

Processing for limited purposes:

Personal information may only be collected or used for purposes specifically permitted by the Act if the individual data subject is notified of the specific purpose in advance. In other words, there can be no collection of and use of personal data for the same purpose. Data subjects must be informed of and accept the new purpose of data processing before the processing occurs if the purpose of the data processing is to change.

Final Thoughts

According to theory, the Royal Mint Bullion Company is a large investment company. The UK government owns this mint, which has a long history. It represents a large part of British history, which is why many Britons feel loyal to it. However, the company has appeared before time. Trustpilot has more than a hundred reviews that are awful, some of which claim that the customer service was ignored after the complaint was made.

In spite of the company’s responses to complaints, it still seems that its management practices have not changed. I do not recommend investing with this company. If you are looking for a European dealer for precious metals, you may want to look at the sovereign mints in other countries. Private European traders also sell precious metals with relatively low markups.

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